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CBN instructs banks to reconfigure...

CBN instructs banks to reconfigure ATMs, POS...

Grassroots NGOs honour St. Maria...

Grassroots NGOs honour St. Maria Goretti Girls’...

CBN instructs banks to reconfigure ATMs, POS terminals for foreign card use

CBN instructs banks to reconfigure ATMs, POS terminals for foreign card use Story by Martha Gwary To ensure seamless and efficient transactions for holders of foreign-issued payment cards in Nigeria, the Central Bank of Nigeria (CBN) has instructed banks and non-bank acquirers to reconfigure all automated teller machines (ATMs), point-of-sale (POS) terminals, and virtual terminals. These devices must accept international cards via Nigerian acquirers, fully comply with card scheme standards, and hold the required certifications for smooth processing. The CBN announced this in a circular signed by Dr Rita Sike, Director of...
Maryam Umar -
Business & Economy

PMB To Nigerians:...

President Muhammadu Buhari Tuesday in Abuja appreciated Nigerians and Organized Labour for restraint, understanding and patience as the country tackles myriad economic challenges, assuring...
Maryam Umar -
International

Boko Haram recruits...

The militant group Boko Haram continues to recruit children and use them in battlefields across Nigeria, Cameroon, Niger and Chad, officials and experts say. While...
Maryam Umar -
Education

English words Nigerians...

A country of about 190 population, a former colony of the United Kingdom and her lingua franca being English, Nigerians have definitely found ways...
Salim Sani -
Health

Coronavirus: Nigeria may...

A pilot study on the use of dogs, to diagnose the dreadful Coronavirus (COVID-19) pandemic ravaging many countries, may start in Nigeria in July. The...
Aisha Auyo -
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